Remove 2018 Remove Data Remove Metrics Remove Retention and Turnover

5 Exit Interview Metrics Your Business Should Be Tracking

HSD Metrics

The negative impact of employee turnover on your business can manifest itself in several important ways. make $46,800 (this based on Bureau of Labor Statistics 2018 4th fiscal quarter figures), that translates into a cost to businesses of between $42,100 and $93,600 per employee.

Tackle Employee Turnover With Strategic Leadership Development Investments

Visier

We had built a leadership development program for our Millennial population with the goal of reducing turnover costs. After the first three cohorts went through the program, we dug into the data, expecting to see just that: promotions driving retention.

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Employee Turnover is Highest in January: How to Keep Critical Employees from Leaving

Visier

This is the time of year when employers need to be proactive with their employee retention strategies. Recent data from Glassdoor specifically calls out January as the month when more employees are likely to leave. The Cost of Employee Turnover. How to Reduce Employee Turnover.

Influence Your CEO With WOW And OW! Talent Data

Visier

This “think piece” is designed to challenge your thinking on talent metrics/analytics. In my view, a significant part of the CEO dissatisfaction comes from the weak metrics and analytics that HR has been providing them. Predictive analytics… over historical metrics.

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People, HR & Analytics

Speaker: Rodney B. Bolton SPHR, CEO, HR BIZZ

HR analytics empower organizations to use employee data to make better working decisions and improve performance in areas such as attracting top talent, accurately forecasting future staffing needs, and improving employee satisfaction. April 10, 2018 11 AM PST, 2 PM EST, 7 PM GMT

4 HR management trends coming to 2018

HR Morning

When it comes to HR management, evolving technology and a shift in workforce needs will continue to shape the trends we’ll see in 2018. . Some experts predict that employers who offer flexible work schedules will see gains in recruitment and morale, as well as a reduction in turnover.

Workplace Flexibility Helps Employee Retention

HSD Metrics

Many workplace flexibility options are no- or low-cost solutions that can be used to provide a more attractive work-life balance for employees and reduce turnover for the employer. Higher Employee Morale: Having more flexibility lowers absenteeism and even employee turnover.

Data Journalism for HR: The Beginner’s Guide

Visier

For the average person, data without a narrative is like a trip into the wilderness without a compass: overwhelming and disorienting. That’s why data journalism — a kind of factual storytelling based on data — has become a big trend. Why HR Needs Data Journalism.

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How to Save Your Company from Unhealthy Turnover and Optimize Retention

Bonusly

High turnover is a major concern for many organizations. In 2018, over 40 million people quit their jobs in the US compared to just 30 million in 2014. But how do you know if your turnover really is an issue? Let’s take an analytical approach to retention.

Top Five Turnover Causes

HSD Metrics

Data-driven Insights for Employee Retention. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share. In most industries, pay ranked third in importance out of the top 12 turnover causes.

Top Five Turnover Causes

HSD Metrics

Data-driven Insights for Employee Retention. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share. In most industries, pay ranked third in importance out of the top 12 turnover causes.

How to Calculate Employee Turnover Rate

Analytics in HR

In our people analytics community, we’ve had a few discussions about how to calculate employee turnover and retention. In analytics, employee turnover is arguably the most-discussed metric. However, calculating turnover is much trickier than it seems.

Top Five Turnover Causes in Healthcare

HSD Metrics

Top Five Turnover Causes in Healthcare. Human resources professionals and their senior teams are keenly aware that turnover comes at a high cost. Employee turnover also has a rolling effect throughout any company. Give Your Team the Data They Need. Employee Retention

ExitRight® Norms and Retention

HSD Metrics

Data-driven Ways to Improve Retention. Our article about the most important turnover causes for employees in 2017 illustrated trends across all industries and drew out some interesting exceptions. The post ExitRight® Norms and Retention appeared first on HSD Metrics.

ExitRight® Norms and Retention

HSD Metrics

Data-driven Ways to Improve Retention. Our recent article about the most important turnover causes for employees in 2017 illustrated trends across all industries and drew out some interesting exceptions. The post ExitRight® Norms and Retention appeared first on HSD Metrics.

Tips for Communicating Turnover Insights to Leadership

HRsoft

Calculating turnover can be time-consuming, but to make it truly worth your while, you must find a compelling way to present your findings to leadership. To clearly communicate your company’s turnover metrics, be sure to relay the information in a way that executives will appreciate.

Put Your Employee Engagement Data to Work in 5 Steps

Visier

This story represents a common challenge many organizations continue to face when interpreting engagement data. Furthermore, when engagement scores are presented as isolated metrics , HR can’t make the necessary link between engagement investments and key business outcomes.

A Step-by-Step Guide to Calculating Turnover

HRsoft

Calculating turnover is important for developing retention strategies and supporting a strong company culture. To begin calculating turnover in your organization, select a benchmark job to validate internal and external metrics.

Survey Says…

HRO Today

Culling data from employee engagement surveys can drive strategic business decisions. One problem holding companies back is the ineffective collection and use of engagement data. Finding the Right Metrics.

Manager Tips: How to Deal with Bullies on your Team

HSD Metrics

There is a core group of four employees led by John Doe* and with influence from Sue Smith* that cause widespread problems that are affecting the company’s bottom line through confusion, lost productivity, low morale and employee turnover.” – Comment obtained in ExitRight ® exit interview.

What Your Company Can Learn by Tracking Employee Turnover

LaborSoft

HR departments stand to gain a lot by tracking employee turnover. Valuable data can be collected and deeper insights drawn to reveal the potential source of the turnover, whether it be job dissatisfaction or other more personal reasons. This key HR metric can help companies assess and prioritize changes or adjustments to their culture or practices in order to decrease attrition and ensure retention of employees in the future. Collect a Wide Range of Data.

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

Editor’s note: This popular post has been updated with new data and information to ensure you’re ready for the talent demands of today and the future. A data-driven approach can provide the actionable insights HR needs to get the upper-hand and succeed.

Prediction: Talent acquisition will use AI and predictive data to become truly embedded in the business

Bersin with Deloitte

Posted by Denise Moulton on December 5, 2018. This means more than improving TA strategies, enhancing relationships with hiring teams, or becoming data-driven. Predictive data will help TA plan ahead instead of reacting.

Looking to Data

HRO Today

Key metrics to transform healthcare hiring practices. Data is key to transforming this process. From census information to historic seasonal trends, data can help organizations pinpoint where peaks and demands exist in different geographies. Turnover rate. Retention rates.

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Creating an HR Data Culture

HRExecutive

Hiring and retention of workers with specialized skills is key for GBW because, Maxey said. “If you’re having a problem with turnover, it’s going to impact your other metrics because our employees are the ones generating the revenue.”

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Turnover Reduction Calculator: How Employee Experience Investments Can Save You Money

Bonfyre

To understand why employee experience investments are valuable, you must first understand the actual costs of turnover. Without a baseline metric for employee turnover, it can be difficult to demonstrate the impact of your employee experience initiatives.

How Human Resources Metrics Are Revolutionizing Business

Paycor

Using advanced technology to collect HR data analytics, or people analytics, has become the new standard. While performance metrics help businesses understand the past and protect the present, predictive analytics tell the story about the future. Harvesting HR Metrics.

Using Employee Feedback Data to Train the Next Generation of Management

Kazoo

Function area leaders in HR and recruiting are subsequently looking to analyze employee feedback data to identify and act on trends in training and retention. What is Employee Feedback Data? Key Metrics.

Using Employee Feedback Data to Train the Next Generation of Management

Kazoo

Function area leaders in HR and recruiting are subsequently looking to analyze employee feedback data to identify and act on trends in training and retention. What is Employee Feedback Data? Key Metrics.

Reports vs Analytics: What’s the Difference?

Visier

Simply summed up: “Reports provide data; analytics provide insight,” which is true, but not really helpful if you don’t know how, or why, this happens to be the case. The first significant difference between reports and analytics is the source of the data.

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The Role of Data in Diversity

HR Daily Advisor

Hiring data will provide you with important insight, if you make the information part of your process. As with talent acquisition metrics, you want to make sure you track promotions by various diversity categories and job categories if you have specific diversity objectives. Turnover.

Verbal Abuse in the Workplace

HSD Metrics

Because of this damage and the costs of employee turnover and low morale, HR managers must take workplace bullying seriously. HSD Metrics can help companies identify and remove cases of bullying with our ExitRight interview. Four Steps to Help Employees Advocate for Themselves.

Create a Killer Employee Retention Plan in 5 Simple Steps

ForUsAll

Putting together an employee retention plan is an exciting opportunity. Being successful with employee retention can have a huge impact on your company’s bottom line. It’s easy to imagine the impressive savings from just a small improvement in retention. Employee Retention

Five Ways Data Analytics Can Help Close The Gender Gap

SuccessFactors

The more we learn and use data analytics ethically and responsibly, the greater our chances of living in a more equitable world. In both my professional and personal life, people who know me know that I’m passionate about data analytics – for lots of reasons.

Data Management For A Data-Driven HR Organization 

SAP Innovation

What does data-driven HR look like and how can technology help achieve it? In its simplest form, it implies that data gathered from current and prospective employees is used to obtain key insights into the organization. Data: internal vs. external, structured vs. unstructured.